John D. Rockefeller was able to monopolize the oil industry by purchasing several oil companies through the combined vertical and horizontal integration process. The monopoly Rockefeller created it with his company Oil Standar. This tycoon used a trust to obtain total control of the oil industry.
<span>Oligopoly is the type of market that has few number of firms but controls the market for a certain service or product. An example would be the auto industry - Chrysler, GMC, and Ford. So the best example in the question above is 2. Since it is setting a price to maximize output level rather than lowering the price.</span>
Answer:
D None of the above
Explanation:
Social class:
It is a class where a group of people lives in a society with no difference between the social-economic status of people. It can be described as where a group of people shared their SES and this group has been used in research and censused of a country. The word class has come in the 19th century before this word-class there was a present word like rank, order that categorizes the social status of a group of people.
Carl Marx, Max Weber, these were the sociologist who worked on the society. There is such type of class status:
<span>Parental monitoring is most likely to be effective and healthy when it is "a part of a warm, supportive relationship".
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Parental monitoring alludes to parental mindfulness, watchfulness and supervision of adolescent exercises in numerous areas (i.e., companions, school and conduct at home), and correspondence to the youthful that the parent is worried about, and mindful of, those exercises.